Richard K and Nancy L Donahue Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Richard K and Nancy L Donahue Charitable Foundation is a 501(c)(3) organization based in Lowell, Massachusetts, registered in 1992, with $675,922 in FY2025 revenue. CharityIndex grades it C+.
52 Belmont Ave, Lowell, MA, 01852 EIN 04-3133049 Since 1992
Revenue (FY2025)
$676K
▲ 157.0% vs prior year
Expenses (FY2025)
$665K
Net assets
$348K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Richard K and Nancy L Donahue Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Richard K and Nancy L Donahue Charitable Foundation: 6 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Richard K and Nancy L Donahue Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Richard K and Nancy L Donahue Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 52 Belmont Ave, Lowell, MA, 01852
- City
- Lowell
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $488K (FY2013) to $676K (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $348K
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$348K
Total liabilities
$0
Net assets
$348K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $675,922▲157% | $664,990▲14.3% | $347,807▼11.9% | $347,807▼11.9% | 990PF |
| 2024 | $262,990▼73.2% | $581,596▼77.1% | $394,965▼44.6% | $394,965▼44.6% | 990PF |
| 2023 | $979,645▲49.5% | $2,536,213▼47.8% | $713,268▼68.6% | $713,268▼68.6% | 990PF |
| 2022 | $655,317▼90.2% | $4,859,900▲19.5% | $2,269,836▼64.9% | $2,269,836▼64.9% | 990PF |
| 2021 | $6,694,701▲86.6% | $4,065,386▼47.2% | $6,474,419▲4.5% | $6,474,419▲4.5% | 990PF |
| 2020 | $3,587,704▼54.6% | $7,705,556▲106% | $6,196,545▼39.9% | $6,196,545▼39.9% | 990PF |
| 2019 | $7,899,602▼1.7% | $3,742,865▲28.6% | $10,314,468▲30.0% | $10,314,468▲30.0% | 990PF |
| 2018 | $8,038,616▲2838% | $2,909,652▲96.4% | $7,935,616▲79.8% | $7,935,616▲79.8% | 990PF |
| 2017 | $273,620▼27.6% | $1,481,582▼54.2% | $4,413,425▼21.5% | $4,413,425▼21.5% | 990PF |
| 2016 | $377,851▼96.1% | $3,233,698▲77.1% | $5,621,387▼33.7% | $5,621,387▼33.7% | 990PF |
| 2015 | $9,613,095▲2664% | $1,826,105▲129% | $8,477,633▲506% | $8,477,633▲506% | 990PF |
| 2014 | $347,853▼28.8% | $798,520▼3.7% | $1,399,808▼24.4% | $1,399,808▼24.4% | 990PF |
| 2013 | $488,477 | $828,934▼41.7% | $1,850,475▼15.5% | $1,850,475▼15.5% | 990PF |
| 2012 | — | $1,421,076▲28.1% | $2,190,932▼28.1% | $2,190,932▼28.1% | 990PF |
| 2011 | — | $1,108,962▲25.5% | $3,048,689▼21.5% | $3,048,689▼21.5% | 990PF |
| 2010 | — | $883,521 | $3,884,929 | $3,884,929 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Richard K and Nancy L Donahue Charitable Foundation a legitimate nonprofit?
- Yes. Richard K and Nancy L Donahue Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3133049, based in Lowell, Massachusetts. Donations are tax-deductible.
- What is Richard K and Nancy L Donahue Charitable Foundation's EIN?
- Richard K and Nancy L Donahue Charitable Foundation's Employer Identification Number (EIN) is 04-3133049.
- How much revenue does Richard K and Nancy L Donahue Charitable Foundation report?
- Richard K and Nancy L Donahue Charitable Foundation reported $675,922 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Richard K and Nancy L Donahue Charitable Foundation have?
- CharityIndex grades Richard K and Nancy L Donahue Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Richard K and Nancy L Donahue Charitable Foundation (EIN 04-3133049) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.